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MegadealsSubsidy Tracker Individual Entry
Company: SLC Hospitality, LLC
Parent Company:
Subsidy Source: State
Location: Louisiana
City: Lake Charles
County: Calcasieu
Address: 1150 West Prien Lake Rd
Zip: 70601
Project Description: Construction of a new Holiday Inn Express hotel to provide housing accommodations for the area
Year: 2021
Subsidy Value: $155,000
Program Name: Enterprise Zone
Awarding Agency: Louisiana Economic Development
Type of Subsidy: tax credit
Number of Jobs or Training Slots: 55
Wage Data: $1,850,000
Wage Data Type: Estimated Total Payroll
Capital Investment: $9,500,000
Source of Data:
(click here)
Notes: Year is application board approval date. Subsidy is the sum of Estimated 5 Year Payroll Credit and Estimated 5 Year S&U or Investment Tax Credit. Jobs is the sum of estimated 5 year new jobs, existing jobs, and estimated construction jobs, which equals the estimated total jobs. Wage data is the sum of estimated 5 year payroll, existing payroll, and estimated construction payroll, which equals the estimated total payroll. Investment data is the sum of Estimated Building And Material, Estimated Machinery And Equipment, and Estimated Labor And Engineering which equals the Total Estimated Investment.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.